Microchip Technology launches an Electric Two-Wheeler ecosystem, offering solutions for efficient e-scooter and e-bike development.
Quiver AI Summary
Microchip Technology has announced the launch of its Electric Two-Wheeler (E2W) ecosystem, designed to support the growing market for electric scooters and bikes. This comprehensive suite includes pre-validated reference designs that help manufacturers tackle challenges related to power efficiency, system integration, safety, and rapid development. With automotive-grade components and modular designs, the E2W ecosystem allows for flexibility in development, ensuring reliable and feature-rich products. Key features include an advanced battery management system, efficient power conversion, fast charging solutions, high-performance motor control, and integrated smart vehicle controls. The ecosystem aims to simplify development processes and enhance the overall efficiency and safety of electric two-wheelers.
Potential Positives
- Launch of the Electric Two-Wheeler (E2W) ecosystem positions Microchip Technology as a key player in the rapidly growing electric two-wheeler market.
- Provides manufacturers with pre-validated reference designs that address critical challenges, helping to streamline product development and enhance reliability.
- Highlights a commitment to innovation and safety with advanced battery management, smart vehicle control, and robust user experience features.
Potential Negatives
- There is no mention of specific partnerships or collaborations with manufacturers, which raises questions about the ecosystem's market adoption and support.
- The press release does not provide any information on actual market demand or sales projections for the Electric Two-Wheeler ecosystem, leaving uncertainty about its commercial viability.
FAQ
What is Microchip Technology's Electric Two-Wheeler ecosystem?
Microchip's Electric Two-Wheeler ecosystem is a suite of pre-validated designs enhancing e-scooter and e-bike development with key features like power efficiency and safety.
How does the E2W ecosystem improve power efficiency?
The E2W ecosystem includes advanced battery management systems that maximize energy utilization, extend battery life, and enhance vehicle range.
What are the main features of Microchip's electric two-wheelers?
Main features include optimized power systems, seamless integration, smart vehicle control, and enhanced user experiences with connected technologies.
How does Microchip support manufacturers in the E2W market?
Microchip provides comprehensive design files, global technical support, and scalable solutions to streamline development and reduce time-to-market for manufacturers.
Where can I find more information about Microchip's electric two-wheelers?
For more information, visit Microchip's Electric Two-Wheeler web page on their official website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MCHP Congressional Stock Trading
Members of Congress have traded $MCHP stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by members of Congress over the last 6 months:
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 02/05.
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$MCHP Insider Trading Activity
$MCHP insiders have traded $MCHP stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by insiders over the last 6 months:
- JAMES ERIC BJORNHOLT (SENIOR VP AND CFO) has made 0 purchases and 2 sales selling 8,412 shares for an estimated $544,329.
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$MCHP Hedge Fund Activity
We have seen 448 institutional investors add shares of $MCHP stock to their portfolio, and 787 decrease their positions in their most recent quarter.
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- JPMORGAN CHASE & CO removed 5,237,515 shares (-18.0%) from their portfolio in Q4 2024, for an estimated $300,371,485
- UBS GROUP AG added 4,880,202 shares (+149.2%) to their portfolio in Q4 2024, for an estimated $279,879,584
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- BARROW HANLEY MEWHINNEY & STRAUSS LLC added 3,912,895 shares (+273.2%) to their portfolio in Q4 2024, for an estimated $224,404,528
- QUBE RESEARCH & TECHNOLOGIES LTD added 3,641,085 shares (+924.4%) to their portfolio in Q4 2024, for an estimated $208,816,224
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$MCHP Analyst Ratings
Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
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- Citigroup issued a "Buy" rating on 12/03/2024
- William Blair issued a "Buy" rating on 10/21/2024
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$MCHP Price Targets
Multiple analysts have issued price targets for $MCHP recently. We have seen 8 analysts offer price targets for $MCHP in the last 6 months, with a median target of $87.5.
Here are some recent targets:
- An analyst from Mizuho Securities set a target price of $68.0 on 03/04/2025
- Joseph Moore from Morgan Stanley set a target price of $58.0 on 02/04/2025
- Weston Twigg from KeyBanc set a target price of $90.0 on 12/03/2024
- William Stein from Truist Financial set a target price of $71.0 on 11/06/2024
- Rajvindra Gill from Needham set a target price of $85.0 on 11/06/2024
- Mark Lipacis from Evercore ISI set a target price of $95.0 on 11/06/2024
- Melissa Fairbanks from Raymond James set a target price of $95.0 on 11/06/2024
Full Release
CHANDLER, Ariz., March 17, 2025 (GLOBE NEWSWIRE) -- The electric two-wheeler market is transforming the transportation industry as consumers embrace e-scooters and e-bikes for both recreational use and daily commuting. Microchip Technology
(Nasdaq: MCHP)
today announces the launch of its
Electric Two-Wheeler (E2W) ecosystem
, a comprehensive suite of pre-validated reference designs that addresses key challenges in e-scooter and e-bike development, including power efficiency, system integration, safety and time-to-market. By offering automotive-grade, scalable solutions, Microchip enables manufacturers to streamline development and build reliable, feature-rich electric two-wheelers.
Microchip’s automotive-grade components and modular reference designs provide a flexible, scalable platform that adapts to various power levels and feature requirements. Backed by comprehensive design files, schematics, Bill of Materials (BOM), and global technical support, developers can quickly bring next-generation e-scooters and e-bikes to market with optimized power, safety and intelligence.
“Manufacturers often struggle with optimizing power efficiency, ensuring seamless system integration and meeting evolving safety standards,” said Joe Thomsen, corporate vice president of Microchip’s dsPIC business unit. "Microchip’s Electric Two-Wheeler Ecosystem directly addresses these design challenges with pre-validated, high-performance solutions that help accelerate product development and enhance vehicle reliability."
Key Solutions of Microchip’s E2W Ecosystem
Optimized Power and Battery Efficiency
Advanced Battery Management System (BMS) with intelligent power conversion and sensing maximizes energy utilization to extend battery life and vehicle range, as well as increases safety.
48V to 12V Power Conversion Reference Design ensures high-efficiency power distribution, improving overall system reliability.
Fast and Flexible Charging Solutions
7.4 kW Single-Phase AC EV Charger Reference Design offers reliable home charging with built-in protection features.
USB-PD Dual Charging Port is designed to provide fast, flexible charging for mobile devices to enhance user convenience.
High-Performance Traction Motor Control
350W to 10 kW traction motor control reference designs deliver smooth acceleration, improved energy efficiency and precise control.
Pre-integrated firmware and modular design simplify system development and reduces time-to-market.
Seamless System Integration and Smart Vehicle Control
Vehicle Control Unit (VCU), Remote Keyless Entry (RKE), Hands-On/Off Detection and Acoustic Vehicle Alerting System (AVAS) work together to enhance the security and safety of the electric two-wheeler.
Integrated telematics and asset tracking provide real-time monitoring, theft prevention and fleet management capabilities.
Intelligent Touch Display and Connected User Experience
720x720 round LCD Instrument Cluster using Microchip’s SAM9X75 MPU with MIPI® DSI, dual GbE and NAND Flash offers real-time data visualization and smart connectivity.
maXTouch® ATMXT640UD and ATMXT641TD touchscreen controllers offers accurate touch performance in extreme weather and rain with thick gloves.
Cloud-enabled remote diagnostics and performance tracking enhance the rider experience and optimize fleet operations.
Microchip’s Electric Two-Wheeler Ecosystem delivers pre-validated, high-performance solutions that help manufacturers reduce development time, optimize power efficiency and enhance safety in e-scooters and e-bikes. To learn more, visit Microchip’s Electric Two-Wheeler
web page
.
Resources
High-res images available through Flickr or editorial contact (feel free to publish):
Application image:
www.flickr.com/photos/microchiptechnology/54328196510/sizes/l
About Microchip Technology
:
Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control and processing solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve over 100,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at
www.microchip.com
.
Note: The Microchip name and logo, the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. maXTouch is a registered trademark of Microchip Technology Incorporated in the U.S.A. All other trademarks mentioned herein are the property of their respective companies.
Editorial Contact: | Reader Inquiries: |
Kim Dutton | 1-888-624-7435 |
480-792-4386 | |
kim.dutton@microchip.com |
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